Ill I [1.1, St Margaret's CommunityTrust St Margaret's Community Trust la Company Limited by Guarantee) Trustees, Report and Financial Statements for the year ended 31 December 2023 Registered Company number 06673803 Registered Charity number 1129747 St Margaret's Community Trust Financial Statements for the year ended 31 Dccember 2023 Index Page Report of the Trustees 3-11 Statement of Trustees Responsibilities 12 Report of the Independent Examiner 13 Statement of Financial Artivities (incorporating an Income & Expenditure Account) 14 Balance Sheet 15 Principle accounting policies 16-17 Notes to the financial statements 18-26 St Mar(Yaret's Community Trust Financial Statements for the year ended 31 December 2023 Report of the Trustees The Trustees are pleased to present their annual directors, report together with the fInancial statements of the charity for the year ended 31 December 2023 which are also prepared to meet the requirements of a directors, report and account5 for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companie5 Act 2006, the Memorandum and Articles of Association, and Accounting and ReportinB by Charities.. Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 (updated l January 20191. CHARITABLE AIMS, OBJEcfivES AND ACTIVITIES AIMS St. Margaret's CommunityTrust was formed initiallyto redevelop, refurbish and extend the old St Margareys Church, Ward End to create a multi-purpose community centre for the benefit of the local neighbourhood. It was decided not to opt for building preservation trust but a community development trust as this offered more flexibility to use the new building as a catalyst for regeneration across the Ward End area. The primary purpose of St Margaret's Community Trust is therefore to provide care and support to people resident in the Ward End area. oBJE￿IVEs This broad definition of care and sUPPOrt is broken down in the Memorandum of Association as follows= Community capacity building. To advance the education of Children & young people and their parents and to provide activities for them. Promotion of health, in particular but not exclusively, by the provision of advice and information. To provide advice, assistance, advocacy and training to those who are unemployed or facing hardship. To provide and assist in the provision of facilities for recreational and other leisure time activities. Working with residents, the local authority. voluntary and other organisations to advance education and to provide facilities in the interests of social welfare. BENEFICIARIES The beneficiaries of St Margaret's Communty Trust are the Ioc21 residents in the Ward End area. There is no discrimination in terms of age, sex, sexual orientation, St Margaret's Community Trust Financial Statements for the year cnded 31 December 2023 Report of the Trustee5 {continued) race or religious persuasion. We keep in close contact with local people through the activities of our Centre Manager. and through our collaborative working with other community organisations and .) 4& enterprises. Our programme of activity through the year has been a variety of regular locally focussed activity, community events and listening exercises. Some activity has been led internally and others in partnership with other local agencies. PUBUC BENEFIT All of our activities are centred on resourcinB and developing local people to strengthen their learning. opportunities and capacity for the benefit of themselves and for the benefit of the wider community. Our activities aim to transform the lives of some of the poorest and most marginali5ed people in the local community by giving them the opportunities to reconnect. improve their quality of life and make a contribution in the1r neighbourhood. Our aim 15 to provide care and support to the people of Ward End. Therefore, we intentionally work across the full diversity of faith, culture, gender, ethnic origin. disability and sexual orientation in our community and reach out to work with other organisations who share our aspiration to see people who live in our neighbourhood of Ward End flourish. The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities. ACHIEVEMENTS AND PERFORMANCE The primary focus of St Margaret's Corrmunity Trust is to provide care and support to people resident in Ward End. With this aim in mind. we connect with the diverse neighbourhood of Ward End by delivering all our community activity under the banner of the Unity Hubb- the Arabic word "Hubb" rneans "love". Unity in the Communlty In June we reached the end of the first year of our 5-year Lottery-funded 'Unity in the Communitv project. During this first year. our learning wa5 518nificant. We have intentionally hosted regular reflective circles, seeking to develop and build community in our neighbourhood, and this has led to continued development of our Theory of Change,, the articulation of Unity Hubb St Margaret's Community Trust Financial Statements for the year ended 31 December 2023 Report of the Trustees (continued) what we have noticed about how our community grows and develops. Our desire has always been to be an open and hospitable space where all are welcome and relationships developed. Four 'lenses' explain how we seek to operate and evaluate the things we do. These lenses are.. Nurture Trust, Welcome Participation, Inspire Abundance and Ripple Generosity. We believe that our Theory of Change does a good job of describing the Unity Hubb's journey of trust, participation and growing community. and underpins our asset-based approach to community development, running like a golden thread though all our praxis. A significant realisation during the first year of the grant ftjnding was that the model of detached youth work that we started with was having limited impact, but that our work with children and young people was strongest when we built relationships with whole families. Our partnership with Worth Unlimited therefore came to an end in June. and in October we employed a Fèmilies. Connector, who is developing intergenerational artivities alongside the Unity Hubb Team. We now have a weekly Families, Club, a Girls, Group, and a Saturday DI workshop for young people. We have been investing in young leaders through training. in the process enabling young people to aspire to becoming more active in their community. People use words like 'home' and 'faMIl￿ to describe their experience of the Unity Hubb- and just as people want to give back to nurturing families, so we find that increasingly people want to give back to the Hubb through sharing their gifts, talents, skills and passions- as well as their time. This means that over half of our attivities are now hosted and led by local volunteers. Nurture Trust Welcome Participation Inspire Abundance Ripple Generoslty Activities are grouped under different areas- focussing on Improving emotional wellbeing, enhancing physical wellbein& inspiring community through gathering informally and growing relationships by making, doing and creating together. For young people we focus on activities that help young people grow friendships and be active together, learn new skills, increase confidence and Erow confidence. The team are attentive to ideas that local people have about artivities they would like to run- and small amounts of funding enable these activities to take place. A good example of a constantly evolving group is Mondavs Busy Hands group. This group of women create 2nd make, but what they create and make is constantly St Margaret's Community Trust Financial Statements for the year ended 31 December 2023 Report of the Trustees (continued) changing and developing as they share skills. This year a major focus was on knitting hats fL7r Turkey and Syria, donated via Isra UK. Other popular actlvities this year have included chair yoga, wellbeing sessions, ladies, fitness, badminton and boxing. Our regular Chai and Chat has been enhanced by the 'Cuppa Squad, from Diabetes UK who come along to raise awareness and support with diabetes. We are registered as Warm Welcome space. Cook Together Eat Together is alway5 popular- local women Share recipes 2nd cook together before sitting to enjoy a meal together. The sewing group has thrived with meaningful sharing of skills and knowledge, and participants growing in confidence and knowledge. The 'Women In Business, project has supported a group of local women who already had business ideas and products they wanted to sell, but not the expert15e to actually start their own business. With some instructor support, they have FIOW Set up their own sm311 businesses and there are plans for a18rger group coming soon. The weekly men's group is thriving with regular meetings including trips out and practical activities, alongside important relationship building. Special events at the Unity Hubb have included an Eid Mela, a big event for the King's Coronation. Commonwealth Games legacy funding enabled a Music Festival and a Ladies, Night. In the summer, the Unity Hubb took 5 coaches to the seaside on 2 separate trips enabling many who have never seen the sea to have a fun day outl Village Vision The 'Village Vision, is constantly developing. We are determined not to see the neighbourhood as a problem to be fixed, but instead harness a sense of working together to help local people be empowered, confident and proud of their neighbourhood. This year we have seen si8nificant development of the 'Village Green, the space outside St Margaret's. This unpromising triangle of green Space was 31ways a target for antisocial behaviour including fly tipping, but obtaining a TRO meant that the area has now been pedestrianised, and the 'Green Team" have been hard at work planting and decorating the space in the churchyard and on this triangle. This ha5 in turn attracted an offer from the National Trust, who are committed to investing in this green space. The 3im is to create an 3ttractive space for growing and connecting- a source of life and encouragement to the whole community. Tmining Our two key employee5 have undertaken DSL Safeguarding Training. and a third employee has St Maroaret's Community Trust Finaneial Statements for the year ended 31 December 2023 Report of the Trustees (continued) completed Level 2 Safeguarding training. Staff and animators undertook 9 sessions of Equalities and Inclusion training in partnership with Open Door. Partnerships Rethink- Meet your Neighbour Funding from the mental health charity Rethlnk enabled an exciting project where the Unity Hubb built meaningful connections with the Roma and Romanian communities living around St Margaret's- people groups that we had previously struggled to connect with. Friday welcome sessions were poorly attended at first. but our consistent offer of hospitality, a Romanian- speaking support worker and a persevering attitude eventually led to connection with 80 families. These sessions provided access to European Vnion Settled Status IEUSSI Clinics. delivered by Centrala. as well as Welfare Advice provided by Birmingham City Council. Meet your Neighbour Creatively was an extension of these mornings, and encouraged Romanian and Roma people to connect, sharlng cukure and crafting skills. One highlight of the project was a Meet your Neighbour storytelling event in January. This involved welcoming 24 people of influence from the neighbourhood, as well as the City Council and other agencies, and then allowing space for local Roma and Romanian people to tell their stories, share their culture and some delicious food. The conclusion of the yearfs funding was a unique conference organised by Rethink in March where the Unity Hubb were able to share the story of the ground-breaking work we have undertaken. and learn a bit more about the challenges facing GTR people in the UK. Relationships developed though the project have meant that despite the funding coming to an end, we were able to hold a wonderful St Nicolas Christmas community event in December where Romanian and Roma culture was celebrated and enjoyed by the wider Unity Hubb community- dance. craft stalls, and even cabbage rolls! Severn Trent Severn Trent have continued to support the local Community in these challenging times in different ways. They have offered free employability training at the local Fire Station. They have also offered funding which has enabled us to employ Faith Pearson as a Green Connector. St Margaret's Community Trust Financial Statements for the year ended 31 December 2023 Report of the Trustees (continued) Faith has been working to harness our desire to attend to environmental concerns, focussing on gardening on the local allotments and the Vi113ge Green, as well a5 helping us think about the environmental impact of our building and activities. Ward End Fire Station The Fire Station have offered us much-needed space to overflow. and we have built good relationships there. Through this partnership, 4 ladies have trained to be Creative English Facilitators and have been delivering the Faith Action programme with great results. Hodge Hill Arts Forum have a150 run Unity Arts sesslons. Governance The Board have continued to strengthen our expertise and skills. We continue to invite external support to develop us where we need it. This year we have spent time working on a risk register, and this ha5 helped us identify areas to work on. We have 3 clear fundraising strategy ènd work with an excellent fundraiser- this helps us focus on our core funding needs as an organisation, as well as raising resources for our increased activity levels. Data collection, evaluation and reporting provide clarity around performance in order to achieve funding targets and individual stories are also gathered in order to tell our story. As we have grown, so has the complexity of our financial reporting and this is now well supported so that the Board are regularly provided with the clear financial picture of the organisation. This enables us to understand the complexities of multiple funding streams. We have been working on Trustees Induction Pack and we hope to recruit new Trustees imminentlv. Hèrltage Our building continues to be well maintained and well used a5 both a community and heritage venue. How our activities deliver public benefit Our aim is to provide care and support to the people of Ward End, and we want to do this is the most empowering way possible, and that'5 why we always seek to work in an èsset-based way. All of our activities are centred on resourcing and developing local people to strengthen their learning, opportunitie5 and capacity for the benefit of themselves and for the benefit of the wider community. Our activities aim to transform the lives of everyone in our neighbourhood including those who are most at the St Maruaret's Community Trust Financial S￿teMents for the year ended 31 December 2023 Report of the Trustees (continued) edges by giving them opportunities to reconnect. improve their quality of life and make meaningful contribution to their neighbourhood. We intentionally work across the full diversity of faith, culture, gender. ethnic origin, disability and sexual orientation in our community and reach out to work with other organisations who share our aspiration to See people who live in our neighbourhood of Ward End flourish. For the future We continue to look to develop our work, our connections and our relationships across the diversity of the neighbourhood of Ward End. In doing thi5 we value the contribution of effective partnerships that add to our offer and are keen to work with our asset-based approach of inviting and empowering local people as they explore and share their gifts, skills and talents. One of our challenges is the capacity of our building as community activity is filling up most available space in the week. These are opportunities for us to explore how we make the most of the existing Spa￿ In our neighbourhood where people can gather in the future. We are also working hard to develop the right team and accountability structures as we work with an growing number of employed, self-employed and volunteer facilitators. In terms of governance, we are actively building our Board further during 2024. FINANCIAL REVIEW We have had another good year with our *undraising which has enabled us to maintain our provision at a similar level to last year. The foundation of our 5 year funding from the National Lottery has helped us to secure match funds from elsewhere. We are grateful for the work of our fundraising partner, Steve Moralee, for his help in this regard. For the first time in sever21 years our income has been greater than our expenditure. This is largely because of restricted grants which have been received at the start of the grant period along with careful management of our unrestricted funds. Reserves policy Funds obtained for specrfic purposes are held as restricted funds and each project is monitored separately to ensure income matches expenditure. Our reserve5 policy aims to keep a balance in excess of 3 months operating costs available in unrestricted funds lapproximately £20,000 which is an increase on the previous yearl. At the year end general funds were exceeding £40,000, which gives us some additional resilience during the current economic climate. Si Margaret's Community Trust rinancial Statements for the year end¢d 31 December 2023 Report of the Trustees (continued) STRUCTURE. GOVERNANCE AND MANAGEMENT Governing Document St Margaret's Cornmunity Trust is a company limited by guaranteed Eoverned by its Memorandum and Articles of Association (dated.. 13th july 20091. It is registered as a charity with the Charity Commi55ion. Appointment of trustees. inductlon & training Six trustees were appointed on 15 August 2008 3nd replaced when necessary. Further trustees were elected at each Annual General Meeting there after (Up to S elected trusteesl. The board may co-opt up to 4 further trustees during the year. Members of the charStable company guarantee to contribute an amount not exceedin8 £1 to the assets of the charitable cornpany in the event of winding up. ORGANISATION The Board of Trustees administer the charity and meet at least four times a year to take major policv decisions, receive financial reports and reports on the operation of the charity. They may set up sub- committees as required. ORGANISATIONAL RESPONSIBILITIES Co Chalrs- Ruth Donegan-cross and Jo 68gby with effect from 4 Novernber 2020 Company Secretary- Andrew Caswell appointed 7 December 2016 responsible to the Board of Directors for Board Administration,. responsibilities for overall organisational policies, procedures and business management. Centre Manager- Rashta Butt.. appointed June 1st 2013 Responsible for day to day management of St Margaret's Centre. RELATIONSHIP WITH OTHER CHARITIES We work in partnership with Worth Unlimited in pursuit of our charitable objettives. 10 Si Margaret's Community Trust Financial Statements for the year ended 31 December 2023 Report of the Trustees (Continued) REFERENCE AND ADMINISTRATIVE INFORMATION Name of Charlty: St Margaret's Community Trust Ltd Iconsent given by Companies House to omit the word Ltd Charity Number: Company Number: 1129747 06673803 (England & Walesl Registered Office: St. Margaret's Church St. Margaret's Road Ward End Birmingham 88 2BA Directors & Trustees: Rev Ruth Donegan-Cross- Co Chair Mrs Jo Bagby- Co-chair Mr Andrew CaswÉll- SÈcretary Mr Ahmad Aziz- Treasurer Mr Keith Grimshaw Mrs Hilary Lynch lappointed lune 20191 Independent Examiner: Karen Hanlan Independent Examiner Limited I Saracen Close Ettington CV37 7SZ Bankers: CAF Bank Ltd 25 Kings Hill West Marling Kent ME19 4JQ Approved by the Board and signed on its behalf by: l Bogby Co-Ch¢yir of Trustees Date= ioth july 2024 St Margaret's Community Trust Financial Stalemenls forthe year ended 31 December 2023 Statement of Trustees. Responsibilities The trustees are required to prepare financial statements for each financial year which give a true 3nd fair view of the state of the affairs of the chèritable company and of the surplus or deficit incurred by the charitable company for that year. In preparing those financial statements the trustees are required to.. select suitable accounting policies and then apply them consistently.. make judgments and Èstimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts.. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue to exist. The trustees have overall responsibility for ensuring that the charitable company has an appropriate system of controls, financial and otherwise. The trustees are responsible for keeping proper accounting records which disclose with reasonable acctjracv, at any time, the finantial position of the charitable company and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safegyarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that: the charitable company is operating efficiently and effectively; its assets are safeguarded against unakjthorised use or disposition,. proper records are maintained and financial information used within the charity or for publication 15 reliable,. the charitable company complie5 Wlth relevant laws and regulations. 12 St Margaret's Community Trust Financial Statements for the year ended 31 December 2023 Independent Examinerfs Report to the Trustees of St Margarevs Community Trust {'the CompanV) I report to the charity trustees on my examination of the accounts of the Charitable Company for the year ended 31 De￿mber 2023 which are set out on pages 14 to 26. Responsibilities and basis of report As the trustees of the Charitable Company land also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006Adl. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect ot my examination of your CharIt￿S accounts as carried out under section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my ex3min3tion I have followed the Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examinerf5 Statement I have completed my examination. I confirm that no matters have come to my attention in tonnettion with the examination giving me cause to believe= accounting records were not kept in respert of the Company as required by section 386 of the 2006 Art- or the accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of section 386 of the 2006 Act other than the requirement that the accounts give a 'true and fairf view which is not B matter considered as part of an independent examination,. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland IFR51021. I have no concerns and have come across no matters in connection with my examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mr